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SPOTLIGHT: RBS

Well, after a whole lot of fighting, RBS has emerged victorious in the battle for ABN--the largest takeover in history. Bank of America also won, as it was able to buy LaSalle after all. Read more...

ALSO NOTED: Goldman Sachs invests in Nordic Windpower; Citigroup and Merrill invest in Indian exchange; and much more...

Company News:> Citigroup and Merrill invest in Indian exchange. Article > Goldman Sachs invests in Read more...

SPOTLIGHT: Bank of America Layoffs

It was big news when Bank of America prevailed in its attempt to buy LaSalle. Now comes the flip side. The banks will lay off 2,500 in Illinois over the next two years. Read more...
Tags: Bank of America   banks   LaSalle  

ALSO NOTED: NYMEX confirms merger talks with the NYSE?; Carry traders making a comeback?; and much more...

Company News:> Marketing: RBC to hire student bloggers. Release > NYMEX confirms merger talks with the NYSE? Read more...

RBS sweetens bid for ABN Amro

You've got to wonder about the new bid by the Royal Bank of Scotland-led consortium for ABN Amro. It said all along that LaSalle was the main prize in its efforts to buy the Dutch giant; it Read more...

ALSO NOTED: S&P revises high yields ratings methods; CBOE adds credit derivatives; and much more...

Company News:
> Rydex nears a deal. Article
> Bank of America says LaSalle decision was "a Read more...

Bank of America, RBS no longer talking

An ABN Amro update: It's still unclear who will emerge the victor in what would be the largest deal in Read more...